Wednesday, September 8, 2010

State funds 47 home improvement plans - Business First of Buffalo:

http://www.aauml.com/index.php?s=D&c=489
The AHC, a branch under the state’s housiny finance agency, aims to bolster home-ownership for low- and moderate-incomw households. The agency approved a $500,00 0 grant to Cheektowaga’s Community and Economic DevelopmentOffice (CEDO). The fundss will go toward renovations for14 single- and two-family homesw located throughout the town. The AHC also grantec Lackawanna’s Housing Development Corporation (LHDC) $200,000 to fund improvementz to a total of33 single- and two-family homes throughout the The planned improvements include fixing structural problems, replacing doors, windows, siding, replacing deficient waterr and septic systems and upgrading heating and plumbing systems.
The renovations are aimedd at bringing the homes up to code undetr local and statebuildingy laws. Further funding for the Cheektowaga project’s $833,00 total will come from the town’s HOME funds and a Community Development BlockGranft ($200,000). The City of Lackawanna will fund what remainz ofits project’s $334,000 total with homeowner-equity funds. The CEDO and LHDC will allocatee the funds ona first-come, first-served basias to qualified applicants. “These grants will help improvw the aging housing stock in westerjNew York,” said AHC Presidengt and CEO Pricilla Almodovar.

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